This study estimates the vulnerability of Latin American agriculture to climate change using a Ricardian analysis of both land values and net revenues. Examining a sample of over 2,500 farms in seven countries, the results indicate both land value and net revenue are sensitive to climate. Both small farms and large farms have a hill-shaped relationship with temperature. Estimating separate regressions for dryland and irrigated farms reveals that dryland...
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INFORMATION
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2007/03/01
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Document de travail de recherche sur les politiques
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WPS4163
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1
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1
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2010/07/01
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Disclosed
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A Ricardian analysis of the impact of climate change on Latin American farms
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small farm
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